HarperCollins followed up a strong quarter ended June 30, 2024, with more solid results in the quarter ended September 30, 2024. Revenue in the quarter increased 4%, to $525 million, compared to the prior year, parent company News Corp reported. EBITDA (earnings before interest, taxes, depreciation, and amortization) jumped 25%, to $81 million.The sales increase was led by a 15% gain in digital sales, which saw sales of digital audiobooks jump 26% in the quarter, while e-book sales saw «renewed» growth, with sales up 7%, according to News Corp CEO Robert Thomson. Digital sales represented 25% of Consumer revenues for the quarter, the company added, compared to 22% in the prior year.
